INVESTOR ALERT: KGS Notifies Franklin Bank Corp. Shareholders That They Have Until August 5, 2008 to File Lead Plaintiff Application in Securities Fraud Class Action Lawsuit -- FBTX
NEW ORLEANS, LA--(Marketwire - June 9, 2008) - Kahn Gauthier Swick, LLC ("KGS") reminds
shareholders that August 5, 2008 is the deadline to file lead plaintiff
applications in a securities fraud class action pending in the United
States District Court for the Southern District of Texas, on behalf of
shareholders who purchased the common stock of Franklin Bank Corp.
("Franklin" or the "Company") (NASDAQ: FBTX) between October 29, 2007 and
May 1, 2008, inclusive (the "Class Period"). No class has yet been
certified in this action.
If you would like to discuss your legal rights, you may e-mail or call KGS
Managing Partner Lewis Kahn, without obligation or cost to you, toll free
1-866-467-1400, ext. 100, via cell phone after hours at 504-301-7900, or by
email at firstname.lastname@example.org.
Franklin and certain of the Company's officers are charged with making a
series of materially false and misleading statements related to the
Company's business and operations in violation of the Securities Exchange
Act of 1934 (the "Exchange Act").
If you wish to serve as lead plaintiff in this class action lawsuit, you
must move the Court no later than August 5, 2008. Any member of the
putative class may move the Court to serve as lead plaintiff through
counsel of their choice, or may choose to do nothing and remain an absent
class member. If you would like to discuss your legal rights, you may
e-mail or call KGS Managing Partner Lewis Kahn, without obligation or cost
to you, toll free 1-866-467-1400, ext. 100, after hours via cell phone
504-301-7900, or by email at email@example.com. To learn more
about KGS, you may visit www.kgscounsel.com. KGS is a law firm focused on
securities class action litigation with offices in New Orleans and New York
KGS' lawyers have significant experience litigating complex securities
fraud class actions. Among other cases, KGS has been appointed Lead or
Co-Lead Counsel in the following securities cases: In re: U.S. Auto Parts
Networks, Inc. Securities Litigation, C.D. Cal.; In re Optionable, Inc.
Securities Litigation, S.D.N.Y.; In re Xethanol Corporation Securities
Litigation, S.D.N.Y.; Pixelplus Co. Ltd., S.D.N.Y.; In re Witness Systems
Inc. Securities Litigation, N.D. Ga.; Whitney Information Network, M.D.
Fla.; Bodisen Biotech, Inc., S.D.N.Y.; Pegasus Wireless Corp., S.D. Fla.;
In re Xinhua Finance Media, Ltd. Securities Litigation, S.D.N.Y.; Terayon
Comm. Systems Inc., N.D. Cal.; Gaming Partners, D. Nev.; and In re BigBand
Networks, Inc. Securities Litigation, N.D. Cal.
SPECIAL NOTICE: KGS encourages you to carefully evaluate any firm you may
consider to represent your interests in the Franklin class action. The
Private Securities Litigation Reform Act ("PSLRA") permits Franklin
shareholders to choose counsel of their choice to prosecute this action.
Critical components of a law firm's ability to successfully prosecute this
action and obtain a strong recovery for you include the resources it will
dedicate to prosecution of the case, including the number of lawyers the
firm has available for the Franklin action in particular, AND especially
the quality of the firm's work. Interested shareholders are encouraged to
call for consultation and to request more information about KGS. While KGS
has not filed suit yet, the firm has been investigating Franklin for some
time and invites shareholders to evaluate its complaint when choosing